Following a bearish Thursday, wherein ETH/USD crashed from $269.75 to $254.25, the bulls managed to recover some ground on Friday as the price went up by 4.5% to $265.50. It looks like more growth may be in store this Saturday as the daily confluence detector shows us that ETH/USD lacks strong resistance levels until $290. The price also happens to be supported by healthy support levels from $258-$261.
Resistance levels are at $269 and $290. The confluences at those levels are:
Support levels are at $258-$261 and $240. The confluences at those levels are:
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ETH/USD went up by 4.5% this Friday following a bearish Thursday.
Following a bearish Thursday, wherein ETH/USD crashed from $269.75 […]
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